Author: WebDesk

Bitcoin price fell below $63,000 on Friday, as a fresh wave of U.S. airstrikes on Iran and a new political dispute between Washington and Beijing pushed investors out of risk assets. Bitcoin price traded near $62,800, an extension of Thursday’s 1.4% slide from $65,000, according to Bitcoin Magazine Pro data. The token slipped under its 50-day simple moving average, a gauge of near-term momentum that many traders watch. The bitcoin price retreat tracked a broad decline across global markets. Japan’s Nikkei 225 dropped 4% and entered a correction, a fall of more than 10% from its June 25 peak, as…

Ted Hisokawa Jul 17, 2026 10:31 Israel’s parliament dissolved, triggering an October 27 election framed as a referendum on Netanyahu and the wars in Gaza, Lebanon, and Iran. Polymarket prices US-Iran ceasefire by Aug 31 at 53.5% as Knesset dissolves Israel Election Catalyst Hits Polymarket Ceasefire Ladder—How Traders Reprice “Effective Ceasefire by Aug 31” On Polymarket’s “US x Iran Effective Ceasefire by…? (2 week pause)” ladder market, the leading rung sits at 53.5% for “by August 31,” with $543,019 matched and a flat last print. The trigger backdrop is Israel’s parliament dissolving ahead…

In one week of July 2025, the House passed three crypto bills. One is law. One is law by accident and the President will not sign it. The third has not had a Senate vote in 365 days, and it was supposed to be the important one. Summary On July 17, 2025, the House passed the CLARITY Act 294-134 with more than 70 Democrats crossing over, the strongest congressional endorsement of digital asset legislation in American history. It has not received a Senate floor vote in the year since. It was the middle bill of Crypto Week, when the House…

MegaETH is shutting down its flagship Mega Mafia startup accelerator after two years and two successful cohorts. Co-founder Shuyao Kong confirmed there will be no Mega Mafia 3.0. However, the network will continue supporting projects that already went through the program.The decision marks a major strategy shift. While Mega Mafia helped launch successful crypto startups, MegaETH believes too little of that success actually benefited its own ecosystem.$80 Million Raised, But Projects Moved ElsewhereOver two cohorts, Mega Mafia backed around 20 startups. The program helped them collectively raise more than $80 million through pre-seed, seed, and Series A funding rounds.MegaETH’s support…

All news is rigorously fact-checked and reviewed by leading blockchain experts and seasoned industry insiders. The Rotterdam District Court ruled that Knaken could no longer meet its obligations to customers. Dutch prosecutors intervened in the public interest after the platform blocked user access. The bankruptcy comes as MiCA licensing requirements reshape the European crypto market. A parallel criminal investigation is examining potential financial misconduct. Court Finds Multi-Million Euro Asset Shortfall The Rotterdam District Court declared Knaken Cryptohandel B.V. and its affiliated payments foundation, Stichting Knaken Payments, bankrupt on July 16, concluding that the company faced a substantial shortfall between customer…

Dubai, UAE, July 17th, 2026, ChainwireBybit, the world’s second-largest cryptocurrency exchange by trading volume, today released its Q1 2026 BTC spot execution analysis, showing that its Rapid Price Improvement (RPI) mechanism consistently delivered lower trading slippage than comparable execution measurements across major cryptocurrency exchanges.As digital asset markets continue to mature, execution quality has emerged as an increasingly important measure of market performance alongside trading fees and quoted liquidity. Bybit’s latest analysis demonstrates that improvements in market structure can materially reduce trading costs for both retail and institutional participants.Across simulated BTC/USDT spot trades ranging from US$10,000 to US$1 million, Bybit consistently…

Cantor Fitzgerald and Securitize announced a partnership on July 15 to bring IPOs and follow-on offerings by public companies onto blockchain infrastructure, in an effort to expand tokenization from secondary market trading to the primary capital-raising process of traditional capital markets.Cantor Turns to Securitize for On-chain IPOsCantor Fitzgerald is attempting to forge a new path for traditional capital markets by partnering with Securitize to bring IPOs and follow-on offerings of public companies onto blockchain infrastructure. In their July 15 announcement, the two parties stated that this model will still operate within the framework of traditional capital markets, but will use…

Hyperliquid (HYPE) has faced a steep price crash, falling more than 11% in the last 24 hours and over 20% in the last month. HYPE has also dropped out of the top 10 projects by market cap. While the larger cryptocurrency market has struggled to gain steam in 2026, HYPE has somehow defied the trend for most of this year. Let’s discuss what changed and why the asset is down right now.Source: CoinGeckoWhy Is Hyperliquid’s Price Crashing?Source: InvestXHyperliquid (HYPE) has had quite a bullish year in 2026, regardless of the larger bearish market. One primary factor behind the rally could…

On the morning of July 16, Ostium announced that it had paused trading following a security incident, while on-chain trackers flagged a large flow of funds from wallets associated with the protocol. According to Ostium, users’ positions remain open but cannot be modified, while traders’ margin remains untouched within the frozen smart contracts. The protocol has not yet announced the final technical cause or recovery timeline, but the incident has immediately placed Ostium at the center of the DeFi market’s attention.What HappenedOstium stated that a security incident occurred between 14:18 and 14:23 UTC, prompting the protocol to pause trading and…

MEXC has the lowest headline trading fees of any major exchange and the biggest token catalog in the industry, full stop. Consequently, it’s become a go-to venue for altcoin hunters and high-frequency traders alike. However, it also carries a well-documented pattern of account freezes under its “risk control” system — one that got serious enough in 2025 that on-chain investigator ZachXBT got involved and MEXC’s own leadership publicly apologized. This review covers both the genuine edge and the genuine risk.What Is MEXC?MEXC launched in 2018 out of Seychelles and now serves 40+ million users across 170+ countries. Its identity rests…